Stock Market Best-Kept Secrets

Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.

Wednesday, October 24, 2018

Rex Intl - No Strength Now

Rex Intl really has no strength even after some mini bullish signals. The deep sell down the past 2 days was scary but it seemed like there is no support from the BBs. Today while the STI rebounded a little, Rex suffered a gap down which indicated some bad news coming? I don't know what's the tory behind but let the stock come down first to a level which is attractive and then find a good entry again. Will I buy now? No, because I haven't see any support from the BBs. The market is now in a whirlwind which I don't know why is it so, so watch and be vigilant is the best bet.

Update: 9:36am, 24/10/2018